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20121226
20121226
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congresswoman pelosi's office. she is celebrating in washington dc the italian culture with the minister. "dr. friends greetings as you. >> >> gather in san francisco to celebrate italian culture in the united states. thank you for the opportunity to join so many friends, guests and dignitaries with fellow italian americans to bring the celebrations. the celebration is more of a celebration in art and music, fashion and design, literature and architecture. it is reaffirmation of the enduring bonds between the united states and italy and tribute to our history as partners and allies and marker of our shared value and heritage. our ties are embedded in the very root of the american story. america is discovered by the italians and named by an italian and built by thousands of italians and our community representing literally millions of bridges between the countries. through research and innovation italy will remain a bafton of creativity and beautiful. may our common history and sustained by our common values and common faith in the future continue to grow and flourish. with warmest reg
and what about nancy pelosi's pledge pledge. >> nick from the daily caller, did republicans miss a move here? >> i think they missed a opportunity if you go back to 2010 when they sweep the house and had the president in a position where he could support a permanent extension of the bush tax cuts, and they only went for the the extension for two years. david: why is that? only go for two years as opposed to a major change in the tax code? >> maybe they were hoping that they would win the presidential election in 2012 and then have a upper hand event. but you know, they didn't go for the permanent rates, the bush era tax rates when they had the chance in 2010 and the sequester, the automatic spending cuts getting lost in the conversation are something they pretty much set up with the democrats in 2011. >> well, here specifically, here is about the millionaire cut off figure because of course, now the president says compromise going out to 4,000. here is what pelosi said in may of 2012 to speaker john boehner. democrats believe those earning over a million dollars a year should expire and
what's my plan b? his plan b is a plan nancy pelosi embraced a few months ago. boehner couldn't get enough of his right flank onboard and pelosi was whipping votes against her own plan among democrats to embarrass boehner. so the politics worked out well for pelosi. it's a total mess, dysfunctional and both parties are not covering themselves in glory. >> got to leave it there. always good to see you. >> thanks. >> to ed henry in honolulu where the president is set to depart tonight. we got breaking news from the speaker and i believe -- they said we have a couple deals on the table. it's your turn, senate. >> yeah, eric, that's where the ball is going now. but what i think the speaker and maybe majority leader eric cantor are leaving out is the reason all eyes turned to the senate is the speaker can't get the job done thursday on plan b. plan a is essentially the big deal, the $4 trillion debt plan. i was speaking a short time ago to a white house official that happened they believe the president moved halfway towards the republicans starting at only want to go raise taxes on $250,
this out, you know that john boehner and nancy pelosi and the wimps in the chambers are trying to figure it out. the right combination of the income threshold for tax increases with entitlement cuts, we haven't found it. the theory that republicans only want to pass something with the majority, that worked for haster when he was speaker. it's hard to see what kind of tax increase will get a majority of republicans and bring along enough democrats. boehner couldn't pass a million dollar tax increase. why do we think he can get something out of the house if they lower it to 400,000 or 500,000. we are skeptical that they can come together with the solution in the next five or six days. >> marty, we spent a lot of time talking about the house. what is mitch mcconnell thinking in the senate? >> he is a fascinating part of this. first of all, he is probably going to vote against any deal that raises taxes. whether he actively whips against it or lets it go, there is a number of senate republicans who seem open to upper income tax increases. some of the new england moderates, scott brown and su
. the leader, speaker john boehner and the approval rating is lower than speaker pelosi. who is a vampire. 51% boehner unfavorable. juan, you said people say boehner is safe and i have been hearing opposite. i like boehner. tough situation. trying to herd cats. i don't agree what we did the other day to put a bill on the floor he doesn't have support for. but you think he won't hold on. >> juan: i think he will hold on. i don't think there is enough time before january 3 to line up. what happened to john boehner, my gosh, they -- his troops abandoned him. >> andrea: mccarthy is the whip. he should know how many works he has. >> juan: he works for boehner. >> kimberly: but he goes back -- it was a mess. >> juan: the dynamic didn't make sense. this goes back to what eric said. he, what everybody on the far right side why am i not going to put a vote in place not coming to reality. there >> exactly. no way, true conservative doesn't want taxes to go up. >> juan: but this is where we differ. negotiate and compromise if you care about the country and the economy at some point. i have been elected
conservative conference that may not coming to to vote on something, even if nancy pelosi can corral the democrats, they need to pick off republicans. we don't know if any of them would vote for something like this. john boehner is ready to strike a deal. i'm not sure many others are. in the senate we have seen a number of conservative republicans saying they would vote. >> 20 republican votes? >> at this point it's very hard to say. i think john boehner would probably be trying to go in that direction if he could. we haven't seen enough house republicans come out yet and say they would support tax increases. if you have tom coal who broke with his party leadership and the party ranks about three weeks ago or so. we haven't seen enough say they would. i don't know that that's the right deal for that to try to strike. >> one of the strategies that republicans could very well allow us to go off the fiscal cliff. a few weeks into january they decide to take the vote on lowering taxes. lowering the race so they can say you know what, we voted to lower taxes. >> that's something that has
rapidly move to the solution to the situation. >> nancy pelosi tried to do that and the signature is not there. chuck hegel was a colleague of yours. are you surprised about the criticism he received from the left and the right being the possible nominee for president obama in the obama administration in the second term? >> hegel used on foreign policy, but he hasn't received a lot of criticism. how much of that is justified? i can't tell you. >> senator from vermont, we thank you for joining us the day after christmas. >> joining us to talk big picture and the president's second term cabinet, nbc editor mark murray was the december employee of the month. congratulations. >> excuse me. you heard from senator sanders saying the lack of urgency hasn't been a problem, but if you look at it for all intents and purposes, boehner removed himself from these discussions. harry reid, president obama, and a little bit of mitch mcconnell. what is possible of making a deal? >> the ball seems to be in mitch mcconnell's court. does he filibuster anything that harry reid ends up making with pres
boehner said. wisest words of anyone in the house of representatives handing the gavel to nancy pelosi to be speaker of the house after republicans lost that 2006 election. he said, my party forgot that powers to be used for the good of the people and not for power's sake. that's what they have to remember. now, as far as that fiscal cliff, they can withhold the tax schedule changes. they're able like in defense, when you have a defense cut or a defense cut like that, it takes place over three to four years. it doesn't all happen this figs year. what we want is a bunny slope not a cliff so the damage is not great as long as we are able to take the short-term deal that david spoke about. what everyone is looking for, consumer and business investor is certainty. congress generates the political will with the president to address our problem. both in the grand scheme so we get $4 trillion in debt reduction over a year and second in the short term and don't have a gross domestic product grow at zee ro over the year. >> when you think about this entire issue, there is the gop caucus and the
their chosen leader, this time nancy pelosi. it's usually pro forma, but this time it has a real weight to it, because one of the reasons we're in this situation right now is because we're waiting for john boehner to be reelected to speaker of the house before they make a move, because only if 16 or 17 republicans don't vote for the guy, he could lose. they just want to wait. >> that's, i think, a point we've all been missing here is that after plan b's gone down, there seems to be some thinking, especially in boehner land, that we don't want our fingerprints on anything that could lead to some sort of conservative ensue su sure. >> it would be very embarra embarrassing. republicans voting for someone else or abstaining, they would have to probably shut the whole house down, have a whole meeting, drum up the votes. it would be very embarrassing and i think you're also seeing it on the senate side, mitch mcconnell is thinking, senate minority leader, if john boehner doesn't want his fingerprints on something, why do i want my fingerprints on it, i'm up for reelection in 2014. >> the amazing su
democratic leader of the house nancy pelosi, her spokesperson saying, quote, i don't know anything right now. as of now the cliff remains clearly in sight. if nothing is done on january 1st, the nation faces a $5 trillion tax increase over ten years through the expiration of a george bush tax cuts and assuming congress does not approve its annual patch for the alternative minimum tax and medicare doc fix that prevents deep cuts in medicare the laps of the tax cuts would mean the top tax rate would revert back to 39.6 in the clinton administration from 35% now but taxes will also go up for tax rates would go up for lower-income earners. the maximum lowest rate reverting to 15% from 10% and for investors capital gains rates would revert to 20% from 15% and depending on the analysis the average family would pay 2,000 to $4,000 more in taxes next year. dennis: quick follow-up. in terms of profitmaking in washington is now officially impossible to get a fix in place by december 31st? is it impossible? peter: it is not impossible. you are probably referring to this three day period that the house
. obama had nancy pelosi as speaker of the house. but hardly the same thing. host: from massachusetts on the line, democrat. caller: good morning. i have a comment and question. i am trying to find out, the situation you're in right now, why is everybody fighting about what we should do? i am gmt and i am broke every day. i'm down here with people that paid taxes and work hard every day. -- i am an emt. people don't understand that would ever happens with the fiscal cliff, people down here will survive. the republicans, this will definitely affect them in the future. i talked to people all over boston every day. nobody wants to vote for republicans anymore, because of the fact that they don't seem to care about people that struggle everyday. it's the people that have money but don't care about people who don't have money. it's been like that for hundreds of years. it's time for change. we have a democrat in the chair. the republicans had their chance when they had pushed. there's a lot of things that should be changed in this world. we rant on about the economics, but we should be wor
. number two, plan b was really the idea of chuck schumer and nancy pelosi as recently as in this summer. to set the threshold on incomes to a million dollars versus 250,000, allow those tax rates for a million and above go up, the president talked about taxing millionaires and billionaires, that would be right, and now let the rest of the country enjoy the extension of the full bush tax cuts which i think we now even see democrats acknowledging have meaningful -- gregg: basil, if it doesn't work, the president's going to have egg on his face, right? >> no, not at all. gregg: come on. >> the president has come back with a compromise. the people that have egg on their face are republicans. they've taken intractable positions where as the president has made concessions, boehner cannot show leadership to get anything passed through his congress right now. and, quite frankly, they're being sort of held by the tea party against some extraordinary positions that they have to take at a time when the paradigm has shifted. so i think the country is recognizing that the country -- gregg: looking a
. and the hard place? >> yeah. the hard place is the negotiations. you think about it. reid and pelosi and boehner and obama all trying to come to an agreement? that seems almost impossible, doesn't it, when you know all of them? gregg: how do you close the tax gap? >> yeah. right now you can not do it. so the tax gap, at least in my opinion, would be the deficit. it's over a trillion dollars. if we raise everyone today, that pays the top tax rate, 35%, if we taxed them at 100% on all the money that they currently pay 35% on, and remember, i'm assuming that nobody changes their behavior. they still work just as hard even though they pay 100% tax, we would only raise $360 billion in this coming year. and that would still leave an $800 billion deficit. we can not tax away the deficit. gregg: sure we can. we can do the value-added tax. >> well, and that's what worries me. if we don't cut spending, spending right now, the federal government is the largest it has ever been as a share of our economy. it takes up more of our economy than ever, the only way to pay for it is to put in a europea
it very difficult to lead. nancy pelosi is still able to lead her caucus. she kept every single democrat, everyone the most moderate, she kept them all in line to not vote for the boehner bill. boehner just can't do it. >> thanks so much. really good to see you dana, ryan, thanks to you both. >>> first tornadoes and now blizzard conditions. we're following several severe weather stories making it difficult for millions of americans. holly is at the world's busiest airport, hartsfield jackson in atlanta. what are you seeing there? >> reporter: well, joe, it's pretty steady here. it's getting a little bit more crowded as the evening goes on. but i can tell you that some people are heading home after christmas and finding it tough to travel today because of that massive storm barreling through the country. it's wreaking havoc on the roads and in the air. snow, ice and high winds. >> we want to get out. >> it's always scary when you're flying that you'll be stuck in the airport. >> reporter: as massive storm it that left many in the midwest and parts of the south with a white christmas is po
Search Results 0 to 13 of about 14